WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? - page 114.

Asnatin

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Quote from: SONG GEET on September 25, 2016, 01:58:32 PM

No one can answer this correctly however i think atleast 1% or almost near to that of persons who uses internet banking will be using bitcoin by that 2022. But this number may even go higher if few good development as well as few more open minded politician come into power.

The current active user number is less than 1 million. So if the user number rises 50% a year, it will be around 8 million users then.

uname

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Quote from: dmarine on September 23, 2016, 03:19:06 AM

We can't predict this, but I don't think it can be used by almost everyone in that year, to be honest.
It would take many more years to be accomplished this.

yeah I also forward- thinking that it is impossible bitcoin in use by every person in the world. especially in a short time until the year 2022? lol even I think in 2022 we only have 5% users only

SONG GEET

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No one can answer this correctly however i think atleast 1% or almost near to that of persons who uses internet banking will be using bitcoin by that 2022. But this number may even go higher if few good development as well as few more open minded politician come into power.

patricken

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Quote from: qiwoman2 on September 24, 2016, 01:48:53 AM

More and more lay people are using bitcoin now as I have noticed on the internet. More people are beign attracted to earning money in bitcoin and many noobs have started to buy bitcoin, open wallets and spend it, so it may have a big and wide appeal over the next five years and reach critical mass by 2022.

That is true. We noticed that there are more transacitons over the bitcoin network. The block size is almost 990kB.

qiwoman2

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More and more lay people are using bitcoin now as I have noticed on the internet. More people are beign attracted to earning money in bitcoin and many noobs have started to buy bitcoin, open wallets and spend it, so it may have a big and wide appeal over the next five years and reach critical mass by 2022.

financetalks

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It is my dream that Bitcoin will become very popular in a few years.

Probably not in 2022, but I believe one day it will come true.

Ziskinberg

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Quote from: livinglegend on September 23, 2016, 01:31:52 PM

It would be nice, the globalization is occurring at a very fast rate right now , and btc will be the glue that sticks all countries together, in my opinion. Also people will be trying to get out of the fiat currencies they hold right now . They lose faith in their governments after a few economic crisis. This may happen, whether sooner or later...

I hope to see major improvement for the next 5 years, for sure every year would be a continues development for bitcoin and I will be seeing that success in the years to come.

livinglegend

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It would be nice, the globalization is occurring at a very fast rate right now , and btc will be the glue that sticks all countries together, in my opinion. Also people will be trying to get out of the fiat currencies they hold right now . They lose faith in their governments after a few economic crisis. This may happen, whether sooner or later...

Harlot

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Quote from: dmarine on September 23, 2016, 03:19:06 AM

We can't predict this, but I don't think it can be used by almost everyone in that year, to be honest.
It would take many more years to be accomplished this.

Or it won't really be used by everyone by any years to come. Bitcoin for now is known to be a currency for online users who is commonly associated to hyips and other investment scams online and no government wants to be associated by that kind of work. Also Btc has reached a pretty high amount of value it does not need a lot users to get to another higher amount.

dmarine

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We can't predict this, but I don't think it can be used by almost everyone in that year, to be honest.
It would take many more years to be accomplished this.

nova-rider

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It's difficult, but it is quite possible, if you see the development of bitcoin an increasingly broad and also has a high price will keep everyone interested.

HabBear

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Quote from: Endikadija on March 30, 2016, 11:48:50 AM

It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.

Dude, no one says this.

Banks are just entities that hold peoples savings and give people loans. The only link to a specific currency is the currency that's used by the people that are customers of the bank. If those customers use bitcoin, the bank will deal in bitcoin. But it won't go out of business just because people stop using the dollar or fiat. If they DID, there wouldn't be a Coinbase or Circle.

resilientknight

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I think not in 2022, we need to give more time for the btc ecosystem to develop and achieve a greater number of people...

agustina2

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Quote from: rio3233 on September 21, 2016, 12:46:49 PM

Nobody knows, but in my opinion it's impossible. Because 2022 is only 6 years left and i think only 5-10% people around the world will use bitcoin. For making everyone to use bitcoin is really hard to do.

The odds are really low for bitcoin to be used by everyone. We are talking about all the places of the globe here.

We bitcoin users are really positive about the positive things that will happen in bitcoin but not to the point we will extent the limit of it.

xIIImaL

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Quote from: rio3233 on September 21, 2016, 12:46:49 PM

Nobody knows, but in my opinion it's impossible. Because 2022 is only 6 years left and i think only 5-10% people around the world will use bitcoin. For making everyone to use bitcoin is really hard to do.

For that we huge volume of adoption in bitcoin and we all need to initialize the bitcoin in their business will first and best option to have bitcoin to used by all the people around the world. I don't know one of the person knows about bitcoin in my state. As you said bitcoin reach to the people 5-15% only.

rio3233

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Nobody knows, but in my opinion it's impossible. Because 2022 is only 6 years left and i think only 5-10% people around the world will use bitcoin. For making everyone to use bitcoin is really hard to do.

Berns

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I doubt that cryptocurrency give such freedom. The government will not allow it, it is not profitable. They will be a big loss

BitcoinPC

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Quote from: InsideBjorn on September 20, 2016, 09:22:16 AM

Yes I think it will be used by alot of people by then because the bitcoin infrastructure should be complete by then i guess.
And then more shops adopt bitcoin causing a massive increase in people that will use it.

Litter bit i agree with you, but not almost bitcoin would be used in anywhere, You know 2022 is coming and only 6 years left, So i don't think that bitcoin would be come in almost over the world. But that is true, the users of the bitcoins definitely would be increased. And most of the new facility will introduce in bitcoin for us.

Doms

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It's going to be a gargantuan task for bitcoin to be used by everyone less than six years from now. There are about 7 billion people around the world, living under different circumstances. I doubt if there are even a million people who are regularly using bitcoin or at least have used bitcoin one time or another. I think even twenty years would be a short time given other hindrances or obstacles that either limit or prevent people from using bitcoin.

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Quote from: saiha on September 20, 2016, 10:37:02 PM

Quote from: John Constantine on September 20, 2016, 03:15:06 PM

I'd like to see it happen, but it seems to be something really unlikely in such a period of time, although I think, due to the network effect, that's possible in less than a decade.

I guess this is not going to happen because 2016-2022 is still a short range of time that the people are going to use bitcoin completely.

But still we don't know what is going to happen but it is also possible that it is going to happen. And base on what is happening, bitcoins adoption and improvement is very fast.

And if this happens, then it is going to be a good even in bitcoins economy.

I agree, and even if it will be 10 years from now it will still not happen. Bitcoin no question will be popular in the future but we cannot deny the fact hat not all people has the capacity to adopt considering our level of education.

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